FreeAgent Review

Product Snapshot

Product Pricing

$12 per month for first six months
$24 per subsequent month

Technology

Product is available as a SaaS solution and requires no additional hardware for installation.

Customer Focus

Vendor works with small businesses, contractors and freelancers.

Select Customers

Contact vendor directly for case studies.

About FreeAgent

FreeAgent is small business accounting software designed to support small and micro businesses, freelancers and small business accountants. The platform enables users to set up automated recurring invoices and payment reminders, manages expenses through receipt image capture capabilities and expense management categories, and provides users with visibility into multiple project aspects such as invoices, estimates, expenses, tasks and time management.

The software connects to the user’s online bank account in order to automatically input transactions and ensure accounts are up-to-date, provides users with a library of estimate and invoice templates, and is equipped with built-in time tracking tools such as stopwatches and time sheets. Additionally, the platform provides users with a dashboard for monitoring cash flows and tax bill due dates, and enables users to send estimates to customers via email, as well as tracks whether the estimate is approved or rejected.

About the Company

FreeAgent launched in 2007 and is based in Edinburgh, Midlothian.

FreeAgent Key Features

Supports multiple currencies and multiple languages
Allows customers to make online payments via credit card, debit card, Direct Debit and PayPal
Builds real-time business accounts based on bank statements, invoices and expenses
Generates multiple financial reports including profit and loss, balances sheets, trial balance, aged debtor and creditor, and dividend reports
Supports most popular banks including Bank of America, Wells Fargo, Sun Trust and Chase